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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 44.55 % in the past year, substantial increase in net sales/revenue by 7.77 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -10.14 %, Marginal decrease of -72.74% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Angel One Limited. Notable increase of 39.04 % in net profit Year to Year, Angel One Limited’s profitability increased by 44.63 % in this quarter.
- EPS over the Year and quarter: EPS increased by 29.39 % Year to Year. EPS increased by 44.33 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1047.9 Cr | Rs. 1405.454 Cr | Rs. 1514.706 Cr | + 7.77 % | + 44.55 % |
Expenses | Rs. 604.5 Cr | Rs. 935.05 Cr | Rs. 842.87 Cr | -9.86 % | + 39.43 % |
Operating Profit | Rs. 443.4 Cr | Rs. 470.4 Cr | Rs. 671.84 Cr | + 42.82 % | + 51.52 % |
OPM % | 42.31 % | 33.47 % | 44.35 % | + 10.88 % | + 2.04 % |
Other Income | Rs. 1.4 Cr | Rs. 4.614 Cr | Rs. 1.258 Cr | -72.74 % | -10.14 % |
Interest | Rs. 26.4 Cr | Rs. 55.57 Cr | Rs. 75.41 Cr | + 35.7 % | + 185.64 % |
Depreciation | Rs. 11.2 Cr | Rs. 22.61 Cr | Rs. 25.59 Cr | + 13.18 % | + 128.48 % |
Profit before tax | Rs. 407.2 Cr | Rs. 396.83 Cr | Rs. 572.1 Cr | + 44.17 % | + 40.5 % |
Tax % | 25.22 % | 26.23 % | 25.99 % | -0.24 % | + 0.77 % |
Net Profit | Rs. 304.5 Cr | Rs. 292.73 Cr | Rs. 423.37 Cr | + 44.63 % | + 39.04 % |
EPS in Rs | Rs. 35.71 | Rs. 31.95 | Rs. 46.15 | + 44.44 % | + 29.24 % |
Today, we’re looking at Angel One Limited’s financial performance for the Q2(Sep 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 44.55 %. However, it did see a marginal increase of 7.77 % from the previous quarter. Expenses decreased slightly by -9.86 % quarter-on-quarter, aligning with the annual rise of 39.43 %. Operating profit, while up 51.52 % compared to last year, faced a quarter-on-quarter increase of 42.82 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 2.04 %, but an expansion of 10.88 % sequentially. Other income fell by -72.74 % compared to the last quarter, despite an annual decline of -10.14 %. Interest expenses surged remarkably by 35.7 % from the previous quarter, yet the year-over-year increase remains at a moderate 185.64 %. Depreciation costs climbed by 13.18 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 128.48 %. Profit before tax grew annually by 40.5 % but saw an increase from the preceding quarter by 44.17 %.
Tax expenses as a percentage of profits increased slightly by 0.77 % compared to last year, with a more notable quarter-on-quarter decrease of -0.24 %. Net profit rose by 39.04 % year-on-year but experienced a 44.63 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 29.24 % but a quarterly rise of 44.44 %. In summary, Angel One Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1047.9 Cr | Rs. 1405.454 Cr | Rs. 1514.706 Cr | + 7.77 % | + 44.55 % |
Expenses | Rs. 604.5 Cr | Rs. 935.05 Cr | Rs. 842.87 Cr | -9.86 % | + 39.43 % |
Operating Profit | Rs. 443.4 Cr | Rs. 470.4 Cr | Rs. 671.84 Cr | + 42.82 % | + 51.52 % |
Net Profit | Rs. 304.5 Cr | Rs. 292.73 Cr | Rs. 423.37 Cr | + 44.63 % | + 39.04 % |
EPS in Rs | Rs. 35.71 | Rs. 31.95 | Rs. 46.15 | + 44.44 % | + 29.24 % |
In reviewing Angel One Limited’s 2024(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 44.55 % year-on-year growth, however, there was a minor increase of 7.77 % from the previous quarter. Expenses rose by 39.43 % compared to the previous year, with a decrease of -9.86 % quarter-on-quarter. Operating Profit surged by 51.52 % annually, and saw a 42.82 % increase from the last quarter.
Net Profit showed yearly increase of 39.04 %, and experienced a 44.63 % increase from the previous quarter. Earnings Per Share (EPS) rose by 29.24 % annually, however rose by 44.44 % compared to the last quarter. In essence, while Angel One Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
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